This Week in Central Park Real Estate 7.30.21
July 30th, WOW summer is flying by! I hope you have all had opportunities to make memories with family and friends this summer! Our brokerage sure has made some memories of our own both in our personal and professional lives helping our clients find and WIN their dream homes or realize their home equity on the listing side. Thanks to all our clients the last few months, we love what we do and it’s all because of you and our beautiful neighborhood!
Speaking of real estate, one month ago we had about 14 homes active at any given time (specifically on 7/2/21), now we have 30 active homes. People keep asking “is the market slowing down”? My colleagues and I say the market is not slowing down but perhaps normalizing a bit. 30 homes on the market in Central Park (both 80238 and 80010) is only 1 month of inventory which is quite low. Gone are the days where a home would get 10-15 offers and buyers were giving up on the house hunt all together. That made it very hard for a buyer to compete! 30 homes is a healthy number of listings. This allows sellers to feel good about their home standing out while also giving buyers a much better chance to find a home they love, to not settle for one that doesn’t meet their criteria and to be able to have a chance of going under contract – a positive for everyone in my book!
Now onto the numbers:
New Listings
Over the past week 8 new homes have come on the market ranging in price from $399,000 for a 2 bedroom condo to $1,150,000 for a 5 bedroom single family home. Here is my colleague Kailee Ackerman’s new listing at 5219 Beeler Street.
This beautiful Wonderland courtyard home listed at $690,000 boasts 4 bedrooms, natural light and a quiet location in Wicker Park East. I love the modern aesthetic of these homes and they have so many windows for natural light to flood in! This home has the coveted corner lot on the courtyard so in addition to your communal space out front, this home has a large private yard space as well. Be sure to check this one out!
Under Contract Homes
This week 10 homes went under contract/pending.
Sold Homes
12 homes have closed this week ranging in price from $280,000 for a light, bright and perfectly located 1 bedroom townhome all the way up to $1.7 million for a beautiful west facing, park fronting 5 bedroom home. Welcome home to our new neighbors!
All Active Homes
There are currently 30 active resale homes on the market in Central Park.
Here are 2 of my favorites.
3666 Willow Street – Open House Alert, Sat 1-4p
This perfectly laid out 4 bedroom, 3.5 bath home is listed for $660,000 with a fantastic location in highly sought after Central Park North! Some highlights in this home are the basement with beautiful bamboo floors, a large wine room and a finished garage with lots of extra storage space. I also love the use of space in this home’s front yard. They have taken advantage of the west facing views with a built in fire pit, time to enjoy our beautiful sunsets!
- This home will be open Saturday from 1pm to 4pm, come say hello!
5905 Beeler Street
This beautiful Parkwood built townhome has it ALL! It sits right on the Beeler Street greenbelt that runs the length of the Beeler Park neighborhood. Listed for $765,000 with 4 bedrooms, 4 baths, almost 3,000 finished square feet inside and a generous outside private yard space you have room to spread out in Beeler Street! This is a gorgeous home that won’t last long!
**Focus sells homes for a 2.0 % listing commission. Neighborhood experts, flexible commissions**
That’s it this week! If you want to talk Real Estate or really anything you think should be on the scoop, let’s chat! Shoot me an email at lisa@focus-realtors.com or feel free to call/text me at 303-564-3734. Have a great weekend everyone!
Disclaimer:
Our Friday real estate updates are meant to be a “roundup” type post where we discuss all listings in Central Park, not just our own. It’s our way of making sure we follow the market closely and we share it with the Scoop readers because we know many of you like to track real estate in the area as well. Many of the listings in these posts are not our company’s listings and we wanted to mention that here to make sure it’s clear. Thanks for reading the Scoop!
